B · Normal
[Guangzhou Iron and Steel Gas: Net profit increased by 105.81% year-on-year in the first three quarters] On October 23, Guangzhou Iron and Steel Gas (688548.SH) announced that its operating income in the third quarter was 785 million yuan, a year-on-year increase of 29.48%; the net profit attributable to shareholders of the listed company was 157 million yuan, a year-on-year increase of 88.95%. Operating income in the first three quarters was 2.119 billion yuan, a year-on-year increase of 23.10%; net profit attributable to shareholders of listed companies was 413 million yuan, a year-on-year increase of 105.81%. The main reason for the change in performance is that the increase in helium prices caused by the successive commissioning of new electronic bulk gas projects and changes in the global helium supply and demand pattern drove the company's revenue and total profit to grow. Xiaocai Note: The company’s Q3 net profit was 157 million, and Q2 net profit was 164 million. Based on this calculation, Q3 net profit dropped 4% from the previous quarter.
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